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0.54%WM 4.65 20.10%
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NEW YORK - Diversified financial-services stocks lacked direction Thursday morning as Wall Street weighed some positive retail sales results and a larger-than-expected drop in the number of unemployment claims against high energy prices.
On Wednesday, the Dow Jones industrial average dropped by more than 200 points as oil prices surged to a record of nearly $124. On Thursday, crude dipped 37 cents to $123.16 a barrel on the New York Mercantile Exchange.
How shares of some diversified financial companies were performing Thursday morning:
Bank of America, down 40 cents to $37.60.
CIT Group Inc., up 5 cents to $12.55.
Citigroup, down 15 cents to $24.33.
JPMorgan Chase & Co., down 55 cents to $46.02.
Gold experienced a second day of heavy liquidations, following yesterday oil-led and hawkish Fed-induced rout. Significant losses in the euro wer...
China's largest city and the host of a dozen Olympic soccer matches started...
Swedish specialty steelmaker SSAB reported second-quarter pretax profit above market expectations on Thursday and said the global steel market sh...
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